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Acquirer · Corporate

UCB

2Exits tracked$3.35bnDisclosed value$2.2bnMedian price0Acquihires
Photo: J.N. Eskra / Wikimedia Commons, CC BY-SA 4.0
Healthtech & bio · San Diego

UCB agrees to buy Candid Therapeutics for $2 billion upfront in deal worth up to $2.2 billion

The sale replaced Candid's planned Nasdaq listing through a reverse merger with Rallybio, which Candid called off a day earlier, triggering a $50 million termination fee.

Price$2.2bnRaised$370mLast stageSeries ABuyer typeCorporate